Section 12. Insurance.



 (a) Public Liability and Property Damage Insurance. Lessee will carry and maintain in effect, at its own cost and expense, with Approved Insurers, comprehensive airline public liability insurance (including, without limitation, contractual liability to cover Lessee's obligations under Section 13 of this Lease, and passenger legal liability, but only to the extent of the terms and conditions of the policy), and property damage insurance with respect to the Aircraft. Such insurance shall be in an amount not less than the amount applicable to similar passenger aircraft and engines which comprise Lessee's fleet, shall be of the type usual and customary by U.S. airline standards for U.S. carriers operating other similar aircraft in similar operations and carried by Lessee on the other aircraft in Lessee's fleet and shall at all times be in amounts not less than Three Hundred Fifty Million Dollars (US$350,000,000.00), per occurrence, with zero deductible. Lessee shall not discriminate against the Aircraft in providing such insurance.